Looking for candidates immediately availalbe and already based in UAE with a minumum of 2 years UAE experience
The Payables Accountant is responsible for :
Booking of payments (Bills and Expenses)
xc2xb7 Receiving and verifying invoices from suppliers
xc2xb7 Ensuring that invoices are accurate, complete, and match the purchase orders and delivery receipts.
xc2xb7 Accurately recording invoice details, including invoice number, date, due date, and amount, into the accounting system
xc2xb7 Communicating with vendors and suppliers regarding invoice discrepancies, payment inquiries, and other related matters
A/P Payables
xc2xb7 Preparing and processing vendors payment requests for approval aligning with the credit terms
xc2xb7 Reconciling supplier statements with accounts payable records to ensure accuracy and resolve discrepancies.
xc2xb7 Maintaining organized and accurate records of all accounts payable transactions, including invoices, payments, and correspondence with vendors
xc2xb7 Identifying opportunities to streamline accounts payable processes, reduce costs, and enhance efficiency
Bank process
xc2xb7 Share the daily bank statements to the respective finance team.
xc2xb7 On HoF approval request for FX deals from our banker for favourable FX rates.
xc2xb7 Initiate lower limit bank transfers.
xc2xb7 Manage recurrent payments e.g., utilities, prepare the payment forecast, upload the bills, and save in file.
xc2xb7 Preparing and distributing cheques when its required, scan and save in the file.
Budgeting and cashflow forecasting
xc2xb7 Assisting in budgeting for recurrent expenses by providing data on vendor expenses and trends.
xc2xb7 Generating reports on accounts payable status, outstanding liabilities, and cash flow projections.
VAT and Corporate Taxation
xc2xb7 Provide data for VAT input liable per quarter for purchases made in the period.
xc2xb7 Confirm accuracy of supplier TRNs.
xc2xb7 Confirm compliance of supplier invoices as per the set FTA format.
Annual Audit
xc2xb7 Assist the Audit lead with closing audit queries relating to payables and by ensuring all information and supporting documents are electronically available, in accordance with the agreed timeframe.
Further duties and responsibilities include:
xc2xb7 Responding to queries by telephone and email.
xc2xb7 Manage office supplies and maintenance through the Dubai office petty cash.
The job description and the site of employment can be revised as per the requirements and on the discretion of the Company.